Seeing Machines (LON:SEE) Stock Price Down 5.5% – Here’s Why

Seeing Machines Limited (LON:SEE)’s stock price traded down 5.5% on Tuesday . The company traded as low as GBX 4.10 ($0.05) and last traded at GBX 4.39 ($0.05). 13,133,199 shares changed hands during mid-day trading, an increase of 55% from the average session volume of 8,467,205 shares. The stock had previously closed at GBX 4.65 ($0.06).

Seeing Machines Stock Performance

The firm has a market cap of £166.40 million, a PE ratio of -400.00 and a beta of 1.15. The company has a 50 day simple moving average of GBX 3.84 and a 200-day simple moving average of GBX 4.46. The company has a debt-to-equity ratio of 100.98, a current ratio of 2.72 and a quick ratio of 3.50.

Insider Activity at Seeing Machines

In other news, insider Kate Hill purchased 200,000 shares of the company’s stock in a transaction on Monday, December 30th. The stock was acquired at an average price of GBX 5 ($0.06) per share, with a total value of £10,000 ($12,360.94). Also, insider Michael Brown sold 159,652,752 shares of the business’s stock in a transaction dated Tuesday, December 24th. The shares were sold at an average price of GBX 5 ($0.06), for a total transaction of £7,982,637.60 ($9,867,289.99). 13.37% of the stock is owned by insiders.

About Seeing Machines

Seeing Machines Limited, together with its subsidiaries, provides driver and occupant monitoring system technologies in Australia, North America, the Asia Pacific, Europe, and internationally. It operates through two segments: Original Equipment Manufacturer (OEM) and Aftermarket. The company offers operator monitoring and intervention sensing technologies and services for the automotive, mining, transport, and aviation industries.